Kulicke and Soffa Message Board

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Technology Stocks : Kulicke and Soffa

KLIC 56.56

+2.1%

3:59 PM EST

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To: HoodBuilder who wrote (2375)	12/18/1997 12:05:00 PM
From: semi engineer	Read Replies (1) of 5482

KLIC bulls I would be very cautious with KLIC now. IMHO, tomorrow conference may not be upbeat conference as many of you believe. I talked to my contact in Anam and he has confirmed that Anam/Amkor will not be cutting any work force but they will significantly slow down assembly capital spending for next six(6) months to fund their wafer fab venture. Also, today, the opposition candidate won Korean Presidential Election. He is the moron that said publicly he will renegotiate IMF terms and caused Korean Won to fall 35% in one week. IMO, Korea stock exchange will sell-off and Korean currency to take a hit tonite due to election result and the U.S. high tech stocks may be impacted tomorrow as weaker Korean currency will force Korea three major semiconductor companies to curtail the capital spending more.

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